Head of Compliance - Finance

Premium Solutions Consultancy; Riyad Al Khabra; On-site; SAR 300,000 - 400,000; Full time

Job summary

A reputable financial institution in Riyadh is seeking a Head of Compliance. This role involves leading compliance and AML functions, ensuring regulatory obligations are met, and maintaining strong relationships with regulators. Ideal candidates will have 7-10 years of experience in compliance within a financial institution and hold relevant degrees and certifications. This position offers a salary of SAR 25,000 per month and additional benefits including annual leave and education allowances.

Benefits

Salary: SAR 25,000 per month

Annual Leave: 35 days

Working Days: 5 days/week

Additional Benefits: Education allowance

Qualifications

• 7-10 years of experience in compliance / AML within a financial institution.
• Fluent in English.

Responsibilities

• Develop compliance strategies aligned with governance framework.
• Establish policies for AML and combating terrorism financing.
• Monitor and report suspicious transactions.

Skills

Regulatory compliance

AML knowledge

Relationship management

Risk mitigation

Education

Bachelor’s / Master’s degree in Finance, Business Administration, or Accounting

Professional certification in Compliance for the Finance Sector

Certificates in Compliance and Anti-Money Laundering (AML)

Job description

We are seeking a highly experienced Head of Compliance to lead the compliance and AML functions for a reputable financial institution in Riyadh. The role ensures the organization meets its regulatory obligations, mitigates compliance risks, and maintains strong relationships with regulatory entities.

Key Responsibilities :

• Develop and implement compliance strategies aligned with the company's governance framework.
• Establish and maintain policies and procedures for AML and combating terrorism financing.
• Monitor and report suspicious transactions to ensure regulatory compliance.
• Lead initiatives to prevent compliance, reputation, and financial risks.
• Build and maintain relationships with regulatory entities.
• Manage and oversee effective frameworks to prevent financial crimes.

Qualifications :

• Bachelor’s / Master’s degree in Finance, Business Administration, or Accounting.
• Professional certification in Compliance for the Finance Sector.
• Certificates in Compliance and Anti-Money Laundering (AML).

Experience :

• 7-10 years of experience in compliance / AML within a financial institution.

Language Requirements :

• Fluent in English.

Benefits :

• Salary: SAR 25,000 per month.
• Annual Leave: 35 days.
• Working Days: 5 days/week, 8 hours/day.
• Additional Benefits: Education allowance.